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News and analysis for the clean energy economy
Updated: 2 hours 28 min ago

FRV’s Goonumbla solar farm completed in NSW, to supply Snowy Hydro

Wed, 2020-08-05 13:36

Goonumbla solar farm near Parkes in New South Wales has been fully completed and is ready to fulfil its PPA with government owned utility Snowy Hydro.

The post FRV’s Goonumbla solar farm completed in NSW, to supply Snowy Hydro appeared first on RenewEconomy.

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AGL faces call from activist shareholders to accelerate exit from coal power

Wed, 2020-08-05 12:42

Loy Yang power station AGL shareholder resolutionAGL faces fresh calls from shareholders to accelerate closure of its coal power fleet, including the Loy Yang A brown coal plant, one of Australia's dirtiest.

The post AGL faces call from activist shareholders to accelerate exit from coal power appeared first on RenewEconomy.

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Global gold miner sets sights on “realistic” 99% renewables share on mining projects

Wed, 2020-08-05 12:39

Gold Fields says ground-breaking West Australian project that shifted gold mine to 50-60% wind, solar and battery storage could aim for a target of 99% renewables.

The post Global gold miner sets sights on “realistic” 99% renewables share on mining projects appeared first on RenewEconomy.

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Which electric car is the cheapest to run?

Wed, 2020-08-05 11:49

While many electric car owners couple their EV with a solar system, it's important to know which is the cheapest to run on grid power.

The post Which electric car is the cheapest to run? appeared first on RenewEconomy.

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New Zealand wants a 100% renewables grid, but is massive infrastructure the best option?

Wed, 2020-08-05 10:27

A proposed multibillion-dollar project to build a pumped hydro storage plant could make New Zealand’s electricity grid 100% renewable, but is this the best solution?

The post New Zealand wants a 100% renewables grid, but is massive infrastructure the best option? appeared first on RenewEconomy.

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New offshore wind-powered hydrogen project approved in Germany

Wed, 2020-08-05 10:26

wind turbineGermany backs pilot project which will build a 30MW electrolyser to produce green hydrogen from electricity generated by an offshore wind farm.

The post New offshore wind-powered hydrogen project approved in Germany appeared first on RenewEconomy.

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Another big solar project contractor hits the wall, administrators called in

Wed, 2020-08-05 09:54

Contractor that is working on many of Australia's most prominent solar projects placed in hands of administrators as project owners scramble to fill gap.

The post Another big solar project contractor hits the wall, administrators called in appeared first on RenewEconomy.

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How the US grid can reach 90% clean electricity by 2035

Wed, 2020-08-05 06:05

New report says US can achieve 90% clean electricity mix by 2035 – as opposed to 55% under a business-as-usual scenario – if it follows a set of institutional, market, and regulatory policies.

The post How the US grid can reach 90% clean electricity by 2035 appeared first on RenewEconomy.

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CEFC backs ‘climate transition’ linked green bonds with $60m investment

Tue, 2020-08-04 15:37

cefc investors green bonds solar city buildingsAustralian investors tip $140m into new green bonds targeting ASX 300 companies committed to embracing the climate transition.

The post CEFC backs ‘climate transition’ linked green bonds with $60m investment appeared first on RenewEconomy.

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Scientists break “bottleneck” in hydrogen electrolysis technology

Tue, 2020-08-04 15:13

Scientists have made an important discovery that they say “breaks a bottleneck” in the process of extracting hydrogen from water through electrolysis.

The post Scientists break “bottleneck” in hydrogen electrolysis technology appeared first on RenewEconomy.

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Angry farmer ploughs home blunt warning for Australia’s transmission plans

Tue, 2020-08-04 13:09

Victorian farmer worried about the impact of major new transmission works delivers blunt message to DNSP. And while novel in approach, the sentiment is not new.

The post Angry farmer ploughs home blunt warning for Australia’s transmission plans appeared first on RenewEconomy.

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ACT Labor promises zero interest loans for solar and batteries, as election looms

Tue, 2020-08-04 12:55

connections canberra gas infrastructure black mountain tower - optimisedACT Labor becomes the latest to offer zero interest loans for solar and storage through its first election promise ahead of an October poll.

The post ACT Labor promises zero interest loans for solar and batteries, as election looms appeared first on RenewEconomy.

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EnergyAustralia jumps over hedge, and gets ready to step on the gas

Tue, 2020-08-04 11:46

EnergyAustralia profits fall in the first half, but confirms it is looking at 1GW of new fast-start gas generation to fill the gaps of the retiring coal fleet.

The post EnergyAustralia jumps over hedge, and gets ready to step on the gas appeared first on RenewEconomy.

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Infigen revenue slumps as markets fall, but ISP offers hope for transition

Tue, 2020-08-04 09:24

Infigen says revenues have been hit by Covid-19 impacts, but long term outlook heightened by pace of clean energy transition and AEMO's 20-year blueprint.

The post Infigen revenue slumps as markets fall, but ISP offers hope for transition appeared first on RenewEconomy.

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Complete switch to hydrogen fuel flights possible by 2050, CSIRO says

Tue, 2020-08-04 08:00

Airline emissions hydrogen CSIRO plane aircraft - testA new CSIRO study finds a switch to a hydrogen fuelled aviation sector could occur by 2050, and may be necessary to avoid a massive increase in emissions.

The post Complete switch to hydrogen fuel flights possible by 2050, CSIRO says appeared first on RenewEconomy.

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CopperString 2.0 promises huge return on investment for biggest extension of grid

Tue, 2020-08-04 00:10

power lines network infrastructure ARENA Monash Grid Innovation Hub - optimisedNew modelling suggests handsome returns for proposed Copperstring 2.0 transmission link from Mt Isa and Townsville, to unlock renewable energy and a major mining province.

The post CopperString 2.0 promises huge return on investment for biggest extension of grid appeared first on RenewEconomy.

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BNP Paribas $A140m green bond linked to newly launched Australian Climate Transition Index

Mon, 2020-08-03 14:55

The bonds are linked to the first forward-looking climate index in Australia and the proceeds will be used to invest in a portfolio of green projects.

The post BNP Paribas $A140m green bond linked to newly launched Australian Climate Transition Index appeared first on RenewEconomy.

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Hazer signs off on $17m green hydrogen facility

Mon, 2020-08-03 14:51

hydrogen export renewable western victoriaHazer Group board gives final investment decision approval to $17 million Perth biogas-to-hydrogen pilot facility that has received ARENA backing.

The post Hazer signs off on $17m green hydrogen facility appeared first on RenewEconomy.

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Rooftop solar market surges to new records, as Australia hits 2.5 million installs

Mon, 2020-08-03 14:10

Canva - flexibility Commercial building factory rooftop installed photovoltaic solar panels (1) - optimisedDefying Covid-19, Australia's rooftop solar installs set new monthly record for July and surpasses 2.5 million total installs.

The post Rooftop solar market surges to new records, as Australia hits 2.5 million installs appeared first on RenewEconomy.

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Shell buys into carbon offsets market, adding to solar and battery purchases

Mon, 2020-08-03 13:48

vegetation offsets carbon trees shell australia select - optimisedShell expands its Australian push into businesses beyond the fossil fuel sector with the acquisition of carbon offset firm Select Carbon.

The post Shell buys into carbon offsets market, adding to solar and battery purchases appeared first on RenewEconomy.

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